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China Fishery ratings unchanged by Copeinca bond amendments
Add BT as a preferred sourcePublished Fri, Jul 18, 2014 · 10:00 PM
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Singapore
RATING agency Fitch Ratings said yesterday that the current BB- rating with a negative outlook on China Fishery Group will not be affected by its latest exercise to change the terms of its US$250 million 9 per cent Copeinca senior notes due 2017.
China Fishery is a subsidiary of frozen fish supplier Pacific Andes Resources Development. Last year, it acquired Copeinca, Peru's second-largest fishing company.
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